Description
High-performing 11-unit mobile home portfolio in Florence, SC offering strong and consistent cash flow with a 14.47% cap rate and $129,900 annual gross rental income. This investment includes a mix of stabilized units, with 3 detitled homes, low operating expenses, and excellent income potential. Properties are strategically located with several units on shared lots for efficient management. Additional upside opportunity with one unit (3030 Allison St) that can be relocated to nearby owned land, allowing for long-term value enhancement. With low property taxes ($5,521.46 annually) and modest insurance costs, this portfolio provides attractive returns for investors seeking immediate income and future growth. Ideal for investors looking to expand their rental portfolio in a high-demand affordable housing market. Contact listing agent for additional financials and details.
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0BEDS
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3ACRES
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0BATHS
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01/2 BATHS
School Information
Description
High-performing 11-unit mobile home portfolio in Florence, SC offering strong and consistent cash flow with a 14.47% cap rate and $129,900 annual gross rental income. This investment includes a mix of stabilized units, with 3 detitled homes, low operating expenses, and excellent income potential. Properties are strategically located with several units on shared lots for efficient management. Additional upside opportunity with one unit (3030 Allison St) that can be relocated to nearby owned land, allowing for long-term value enhancement. With low property taxes ($5,521.46 annually) and modest insurance costs, this portfolio provides attractive returns for investors seeking immediate income and future growth. Ideal for investors looking to expand their rental portfolio in a high-demand affordable housing market. Contact listing agent for additional financials and details.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed. Neither The Realtor Association of Greater Pee Dee, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by The Realtor Association of Greater Pee Dee for use by its members and is not intended for the use for any other purpose.